• The analyst Altcoin Sherpa revealed that he was surprised by BTC’s strong price movement after it broke above $38K.
• Despite a lack of buy power, the analyst predicted that BTC may rise to $40K in the next few days.
• BTC was trading above the upper level of a medium-term bullish price channel as indicators suggest it could continue climbing.

The cryptocurrency trader and analyst Altcoin Sherpa revealed that he was not expecting Bitcoin (BTC) to perform so strongly once it breached the $38K resistance level. In the post, he shared that he was waiting for more bullish power for the market leader to reach its current level. Nevertheless, he predicted that $40K is BTC’s next target.

Meanwhile, Wu Blockchain also shared an update regarding the market leader. According to their post, Conglass data shows that the ent…

The post BTC May Continue Ascending to $40K Despite Lack of Bull Power appeared first on Coin Edition.

• The analyst Altcoin Sherpa revealed that he was surprised by BTC’s strong price movement after it broke above $38K.
• Despite a lack of buy power, the analyst predicted that BTC may rise to $40K in the next few days.
• BTC was trading above the upper level of a medium-term bullish price channel as indicators suggest it could continue climbing.

The cryptocurrency trader and analyst Altcoin Sherpa revealed that he was not expecting Bitcoin (BTC) to perform so strongly once it breached the $38K resistance level. In the post, he shared that he was waiting for more bullish power for the market leader to reach its current level. Nevertheless, he predicted that $40K is BTC’s next target.

Meanwhile, Wu Blockchain also shared an update regarding the market leader. According to their post, Conglass data shows that the ent…

The post BTC May Continue Ascending to $40K Despite Lack of Bull Power appeared first on Coin Edition.